Straco -- gem?

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10 years 5 months ago - 10 years 5 months ago #18027 by BNN
Replied by BNN on topic Straco -- gem?
Stayed in a no. of hotels on recent holiday. One was recently renovated - I m sure it is an ageing hotel given a new lease of life. The room fittings were trendier than my own house, the bathroom fittings were appealing.....the lobby was chic.

As they age, hotels lose customers & can't raise rates.

Thinking about Straco, I realise a key advantage it has. Does it need to upgrade its flooring? No. Visitors hardly notice. Lobby? External facade? Answer is -- largely no.

Visitors go to enjoy the marine life exhibits. Does Straco hv to keep upgrading its exhibits? No, because it gets mostly first time visitors. China has a super huge population!

Last edit: 10 years 5 months ago by BNN.

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10 years 4 months ago #18089 by yeng
Replied by yeng on topic Straco -- gem?
Negative, neutral or positive for Straco?

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10 years 4 months ago - 10 years 4 months ago #18096 by GEO
Replied by GEO on topic Straco -- gem?
It should be Negative if the condition prolong for a long duration.
But since straco has so much cash, it should be able to weather it.
Last edit: 10 years 4 months ago by GEO.

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10 years 4 months ago #18165 by BNN
Replied by BNN on topic Straco -- gem?
A strong attribute of Straco is its free cash flow. This video explains FCF: :)

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10 years 3 months ago - 10 years 3 months ago #19011 by BNN
Replied by BNN on topic Straco -- gem?
CIMB initiated coverage of Straco (45 cents) with a target price of 60 cents. B)
Last edit: 10 years 3 months ago by BNN.

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10 years 3 months ago #19012 by lotustpsll
Replied by lotustpsll on topic Straco -- gem?
Am vested in this stock. Great business model that could generate strong recurrent cash flow. In a sunrise industry that supports positive business dynamics.

A strong candidate for a long term hold.

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